Tanwan Inc. — Governance Information 2025

Mar 31, 2025

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

ZX Inc.

中旭未来

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 9890)

PROPOSED AMENDMENTS TO THE FOURTH AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION AND PROPOSED ADOPTION OF THE FIFTH AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION

This announcement is made by ZX Inc. (the "Company") pursuant to Rule 13.51(1) of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

The board of directors (the "Directors") of the Company (the "Board") hereby announces that at a meeting of the Board held on the date of this announcement, the relevant resolution has been passed to propose the amendments (the "Proposed Amendments") to the fourth amended and restated memorandum and articles of association of the Company (the "Fourth M&A") and the adoption of the fifth amended and restated memorandum and articles of association of the Company (the "Fifth M&A") incorporating the Proposed Amendments to further optimize the implementation of (i) the expansion of paperless listing regime and electronic dissemination of corporate communications as stated in the conclusions to its consultation papers on "Proposals to Expand Paperless Listing Regime and other Rule Amendments" and "Proposals to Further Expand the Paperless Listing Regime and Other Rule Amendments" published by the Stock Exchange; and (ii) the new treasury shares regime as stated in the conclusions to its consultation paper on "Proposed Amendments to Listing Rules Relating to Treasury Shares" published by the Stock Exchange, though the Fourth M&A has already conformed to the relevant requirements under these two regimes.

The Board considers that the Proposed Amendments and the adoption of the Fifth M&A are in the interests of the Company and the shareholders of the Company (the "Shareholders") as a whole, which are subject to the approval of the Shareholders by way of a special resolution at the annual general meeting of the Company to be held on or around June 19, 2025.

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A circular containing, among other things, details of the Proposed Amendments, together with the notice of the AGM, will be dispatched (if so requested) to the Shareholders and published on the websites of Stock Exchange (www.hkexnews.hk) and the Company (http://www.zx.com/) in due course.

By Order of the Board

ZX Inc.

WU Xubo

Chairman of the Board and Executive Director

Guangzhou, the PRC, March 31, 2025

As of the date of this announcement, the Board comprises Mr. WU Xubo and Ms. WU Xuan as executive Directors; and Ms. SONG Siyun, Mr. QIN Yongde and Ms. ZHENG Yi as independent non-executive Directors.

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